About The Position

The Wealth Research & Development (R&D) team at State Street is a newer strategic innovation group focused on designing and delivering next-generation wealth management solutions. This team operates as an incubator for new ideas, leveraging advanced technology, data analytics, and client-centric design to transform how wealth services are delivered. As a Co-op on the Wealth R&D team, you will play an active role in shaping innovative solutions for the future of wealth management. Your responsibilities will include:

Requirements

  • Analytical Thinking: Ability to interpret data, identify patterns, and draw actionable insights to support innovation projects.
  • Technical Aptitude: Familiarity with tools for data analysis (Excel, Python, or similar) and an interest in emerging technologies like AI and digital platforms.
  • Research Skills: Strong capability to conduct market and competitive research, synthesize findings, and present clear recommendations.
  • Collaboration & Communication: Comfort working in cross-functional teams and effectively communicating ideas through written and verbal channels.
  • Problem-Solving Mindset: Creative approach to tackling challenges and contributing to proof-of-concept initiatives.
  • Attention to Detail: Precision in handling data, documentation, and testing activities to ensure quality outcomes.
  • Adaptability & Curiosity: Eagerness to learn, explore new concepts, and thrive in a fast-paced, innovation-driven environment.

Nice To Haves

  • Pursuing a degree in Business, Economics, Finance or Liberal Arts

Responsibilities

  • Support market research, competitive analysis, and trend identification to inform product strategy and innovation priorities.
  • Assist in gathering, cleaning, and analyzing data to support AI-driven initiatives and digital platform development.
  • Collaborate with product managers and engineers on design documentation, feature testing, and quality assurance for emerging solutions.
  • Contribute to proof-of-concept initiatives, helping validate new technologies and approaches for wealth platforms.
  • Participate in user research activities, persona development, and feedback sessions to ensure solutions meet client needs.
  • Work closely with internal stakeholders across technology, product, and strategy teams to align deliverables with business objectives.
  • Prepare summaries, dashboards, and presentations to communicate findings and progress to leadership and project teams.

Benefits

  • Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
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